Tangible Personal Property Tax

Tangible Personal Property Tax Data
Taxes Levied by All Governmental Units and Value of Property,
by City, Calendar Year 1984

Tangible personal property taxes levied within cities by all
local governments in Ohio for calendar year 1984 were $588.8
million on a total assessed value of $10.4 billion. Both of
these figures are after deduction of the $10,000 exemption
granted each taxpayer. However, local governments were
reimbursed by the state for the revenue loss caused by the
$10,000 exemption.

School districts levied taxes of $413.7 million on tangible
personal property within cities; counties levied $105.4
million on property within cities; and townships levied $1.8
million within cities. In addition, city governments
themselves levied $67.9 million on tangible personal property
within cities. These figures represent taxes levied for 1984
to be collected in the same year.

The figures in the first five columns represent the taxes
levied by each type of governmental unit on the property
within each city. For example, for the city of Akron, the
figure in the county column ($3,286,822) represents the
tangible personal property taxes levied on property within
Akron's city limits by Summit County. The figures in the
column for delinquent taxes represent total delinquent taxes
as accumulated over all previous years.

The figures shown have been compiled from abstracts filed by
county auditors with the Ohio Department of Taxation, Tax
Equalization Division.